PPP Loan information for Rcl components inc

$1,014,500

Rcl components inc was initially approved for PPP Loan of amount $1,014,500, the current approved amount is $1,014,500. The loan was approved on 04/16/2020 by The Cadence Bank reported 67 jobs and $1,014,500 was used to fund payroll.

Rcl components inc is Existing or more than 2 years old

RCL COMPONENTS INC

Date Approved

04/16/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

RCL COMPONENTS INC

Borrower Address

1090 WILLOW RDG

Borrower City

ATHENS

Borrower State

GA

Borrower Zip

30606-7618

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1014500.00

Current Approval Amount

1014500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

OCONEE

Project State

GA

Project Zip

30606-7618

CD

GA-10

Jobs Reported

67

NAICS Code

336411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1014500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1028223.93

Forgiveness Date

09/08/2021

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